Football Index: What is it & How Do You Make Money?
You may have heard a lot of buzz around Football Index; a way of making money directly through your own football knowledge. If you love Football Manager, you’ll love Football Index.
In this Football Index review, we’ll be going over the details of the site, how to use the service, their main features, and having a look at a few different trading strategies to help make the most of your investment.
Finally, we will look at ways of controlling any potential losses.
Table of Contents
What Is Football Index?
Football Index is a stock market for football players. Instead of buying shares in a company or business, you buy ‘stock’ in players.
As with stocks, the price of players is controlled by demand. The greater the number of stocks that are purchased in a specific player, the more the price of stocks in that player will increase.
Likewise, the greater the number of stocks that are sold in a player, the more the price of those stocks will decrease.
As with shares on the regular stock market, dividends are paid out based on performance. The more stocks you control in a player, the greater the dividend you receive.
At the time of writing, there are around 2,000 players listed on Football Index.
You can sign up to their site via this link.
How To Use Football Index
Player shares are known as ‘futures’. To get started, you will need to deposit some funds to invest.
Buying stocks in players is simple. Players are organised by value in the ‘Top 200’ tab.
You can see various details for a player by clicking on their name.
These details include the player information such as the player’s current club, their physical characteristics, and importantly, the price trend over time for stocks in the player.
If there is any media coverage for the player in mainstream news, this will also be included. More on why this is important later.
You can see what the buy and sell price is for the player. The difference between the two — known as the spread — is essentially commission for Football Index, and is the most common way for trading sites like this to earn their money.
To purchase shares in Neymar, you’d simply click on the buy price, then select the number of shares you wish to purchase.
The total price is simply the individual share price multiplied by the number of shares you wish to buy. You can buy up to 100 shares in an individual transaction.
If you know which player you want to buy shares in, you can type their name into the search bar to find them.
If you want to sell your shares in a player, simply click on the ‘sell’ button, then select the amount of shares you wish to sell.
Features Of Football Index
There are several different features of Football Index that we will discuss here. Buying players for a low price and selling them for a higher price (capital appreciation) is not the only way for you to make a profit.
If a player you own shares in is performing well, you will earn a dividend. Performance is dictated by data from Opta Data.
There are four different categories for dividends, including Top Defender, Top Midfielder, Top Forward, and Top Overall Player. Only the players who win these categories will pay dividends each match week.
You will earn money per share if one of your players wins. Simply buying shares in a player who you think will perform well for a few weeks can earn you back the cost of buying the shares.
There are players that cost less than 18p per share. If you own futures in this player and they win on Performance Buzz, you will automatically make a profit due to the value of the prize.
Performance Buzz is now split into Match Day Dividends (MDD) and In-Play Dividends (IPD).
Match Day Dividends are paid out for players who finish top of the ‘Match Day Rankings’, based on performance in their match.
In-Play dividends are payouts on all positions that score goals/get goal assists, and also for goalkeepers that keep a clean sheet.
Match-Day Dividends are based on ‘Match-Day Rankings’. The matches covered in these Rankings include most European top-flight leagues, as well as the Champions League and Europa League.
When the European Championships and the World Cup are on, they are also covered.
Points are awarded according to the Football Index Point Scoring Matrix, which takes into account many different factors.
In-Play Dividends are awarded for players who you have purchased any time on the day of the match the dividends are being awarded for. This means you can buy a player right before the start of a match you think they will do well in.
For the first 30 days that you own a share, you can win the following In-Play Dividends:
– 1p per Goal for a Forward or Midfielder
– 2p per Goal by a Defender or Goalkeeper
– 1p per Assist by any position
– 1p for a Starting Goalkeeper Clean Sheet over the full game
Media Buzz is another way for you to earn money on Football Index. The more positive media coverage your player receives, the greater their Media Buzz score will be.
There are several different media outlets through which Media Buzz calculates a score for each player, and this happens once every day.
Approved media outlets currently include; Talksport, UEFA, The FA, ESPN, FIFA, Football League, Daily Mail, Daily Star, The Times, Telegraph, Independent, Daily Express, The Guardian, Metro, Daily Mirror, BBC Sport, Football365, Goal.com, Huffington Post and Sky Sports.
Football Index then uses an algorithm to determine the overall positive/negative nature of the news coverage.
Each player is awarded a points-based score. Whichever player earns the most Media Buzz points will win, and dividends will be paid out to everyone who owns futures in that player.
It is important to note that you will not receive the dividend if you purchase the player on the day. You must have purchased futures in that player at least one day beforehand in order to reap the rewards.
Unless you have a background in finance, chances are you might not know what a dividend is, or how they work. In finance, a dividend is a payment made by a company to those people who own shares in that company.
Usually, this happens when a company makes a profit. A proportion of that profit is used to make payments to the shareholders.
This is similar to how dividends work on Football Index. When a player either performs well or has a lot of Media Buzz, everyone who owns at least one share in that player will earn a payment.
The more shares you own in a player who wins a dividend, the bigger the payment you receive will be, as the payment is per share. This is similar to how dividend payments work in the world of finance.
Unlike in the world of finance, the dividend amounts you receive for each share is fixed. These amounts may vary from time to time as Football Index tweak their service, but it is not based on the extent to which a player wins in their buzz category.
As an example, if you owned 100 Shares of Mo Salah and he finished top of the Media Rankings on a Media Day you would win:
100 x £0.03 = £3.
Another example would be if you owned 100 Shares of Lionel Messi and he finished as Top Forward and Star Player on a Treble Match Day, you would win:
100 x £0.05 = £5 +
100 x £0.02 = £2.
A total of £7.
The dividends are small when compared to the amounts you can win (or lose) by buying and selling players, but they’re a welcome bonus nonetheless. If you’re smart with your analysis, you can target the players most likely to pick up these awards.
Just like in the football league, there is a promotion day on Football Index. This is the day when two new players are offered to the Top 200 market.
All new players enter the market at a low price per share.
This is a big opportunity to make a profit if you see a player about to be introduced who you think will be worth a lot of money, you can snap up as many shares as possible before the price starts to increase.
In the football league, promotion day is also relegation day for some teams that have performed poorly. The equivalent in Football Index is player relegation. If two players are introduced into the market, two other players must get relegated.
The two lowest-priced players in the Top 200 are relegated into the Squad Players list. This means that they are no longer eligible to earn Media Buzz dividends, but they can still earn Match-Day and In-Play Dividends.
Football Index Trading Strategy
Now that you are familiar with the basic features of Football Index and how it all works, we can start to think about various trading strategies you can utilise in order to maximise your profits!
It is important to think of the big picture when investing in Football Index. It is comparable to investing in a stock market in a number of ways
If you decided to invest in the FTSE-100, whether you made money or lost money would in part depend on how the overall FTSE-100 rose or fell. In the same way, investing in Football Index depends on whether money is overall flowing into, or out of Football Index itself.
There is a metric available on the website called the ‘Footie’ (probably a pun based on the FTSE, pronounced fut-see).
At the time of writing, this value is at 127,705. If this figure rises, it means more people are putting money into Football Index, and if it falls, it means people are taking money out of Football Index.
If a lot of people are putting money into Football Index, people who have already invested in players will likely see the value of those players increase, and vice versa.
Of course, if you have chosen your investments within Football Index (individual players) poorly, you may still lose money even when the Footie is rising.
Football Index has been steadily gaining popularity over time. This makes it fairly sensible to buy in now, because the more people that play, the slightly easier it is to make money. If the Footie value begins to fall, it could be sensible to sell your shares and wait until it begins to rise again.
Keeping this in mind, many people will sell their players at the end of the season.
Of course, if there is another competition or championship starting up soon after the end of the season (such as the World Cup or European Championships), you can simply sell the players you own and re-invest into those who you think will perform well or gain value during these competitions.
There are many other strategies to take into account. If a footballer is involved in a high-profile or high-value transfer, chances are they could be top of the Media Dividends rankings, and therefore if you own that player then you could make a good profit from these dividends.
A common tactic for those familiar with Football Manager games is to predict which players are rising stars. These are players who are cheap, or undervalued, who you think will increase in value over time as they mature.
If you pick the next Messi when he is still a youth player, you could make a lot of profit.
Any footballer who is injured for a long period of time will lose value during this period. If you can successfully predict when a player will return from injury to playing full-time, you could also make a lot of profit.
Players who are in-form will often win you In-Play and Match-Day Dividends.
If you see a player who is coming into a good streak, it may be worth investing in them. Bear in mind, the best performing players usually have the highest prices!
Be aware of any international breaks. Some players tend to shine when playing for their country compared to their club.
Some players may not perform the best but are often in the media for certain reasons. Consider matches with a home rivalry, for example. Temperatures can flare resulting in media coverage.
Always consider what other traders are doing.
Leaving dividends aside, the price of players is controlled by the buying and selling of shares in each player.
If you can predict what other traders will do, you can be one step ahead of the curve, and line yourself up nicely for easy profits.
Controlling Potential Losses
Football Index could be considered safer than regular gambling. In a normal bet, you either win or lose.
With Football Index, the only way you will lose your entire stake is if a player is permanently injured and forced to retire, or passes away.
That is not to say that there is no potential to lose money, there is a reasonable chance that you will lose money playing this game. You need to keep on top of your portfolio or you may find it will slip over time.
If a player becomes injured, most traders will instantly sell their shares in that player. Keep track of matches in which your players are playing. If one of them gets crunched in a horrific challenge, it may be time to sell up!
Make sure you remember that trading on Football Index is still classified as gambling. Never play with more money than you can afford to lose.
If you’d like to give their site a try, you can do so here.
Football Index is certainly a fun new way of betting on football. If you enjoy Football Manager or Fantasy Football, then Football Index can put a whole new competitive spin on things.
If you are confident in your own football knowledge, or even your ability to predict what other traders will do, then there is certainly plenty of potential to make money.
If you are thinking about getting started, then the start of a new season, or before a major international competition are definitely the best times to get involved.
Prices will generally be lower, so the potential to make long-term profit is at its greatest.
Just keep in mind that although it feels like a video game, you are still gambling with real money! Profit is never guaranteed, and make sure you always gamble responsibly.
About the Author
This post was written by Andy Beggs. Andy is a keen sports fan and has been writing for Beating Betting from his home in Australia since August 2019.